An explosion caused by a gas leak killed 24 people and injured 271 in Taiwan's second city, sending flames shooting 15 stories into the air, setting entire blocks ablaze and reducing small shops to rubble.» Read More
Emerging markets are in a better position than they were in the 1990s, even with the recent plunge in places like India and Indonesia, Pimco CEO Mohamed El-Erian said on Friday.
Tesla Motors's plans to enter the China auto market have stalled after a Chinese businessman claimed trademark rights to the name, Reuters reported.
U.S. investment bank Goldman Sachs says it expects the rout in Asian emerging market currencies to continue, downgrading its forecasts for battered currencies in the region.
As the world's worst performing currency this year plumbed new lows this week, some analysts are suggesting that India policymakers loosen the grip on the rupee to stop the rout.
An aggressive tightening environment may be a drastic prescription for India's beleaguered economy, but some economists are advocating the measure as a way to ease inflation and put a floor under the rupee.
As India's rupee languishes near record lows against the dollar, analysts say weakness in Asia's third largest economy highlight why the rupee is one of the most heavily sold emerging market currencies.
Singapore's project to double its air passenger handling capacity by the mid-2020s is set to extend its lead over neighbors, whose airports are struggling with congestion and construction delays.
With detailed online transcripts carried by Twitter, Beijing is making an effort to show its people that the trial of ousted politician Bo Xilai is fair and above board.
Everbright Securities mistakenly made 23.4 billion yuan ($3.82 billion) of buy orders, the biggest erroneous trade in Chinese history.
Central banks in the developing world have lost $81 billion of emergency reserves through capital outflows and currency market interventions since early May, even before the recent renewal of turmoil in emerging markets. The FT reports.
The global economy showed signs of improvement on Thursday with factory output improving in two of the world's largest economies.
The Malaysian ringgit plunged to its lowest level in three years on Thursday amid the brutal sell-off across emerging market assets, and the pain may not be over for the currency.
Singapore's long-held status as a financial market safe haven could come under pressure from potential risk of higher rates amid the imminent tapering of U.S. monetary stimulus.
If Apple hopes to woo more Chinese by adding a glitzy coating - some call it champagne, some gold - to its next iPhone, it may be in for a surprise.
Emerging markets strategist Peter Redward correctly predicted a sharp slide in the Indian rupee and Indonesia rupiah and warned the selling isn't yet over.
China stands out like a "stallion" amid the turmoil in emerging markets, as a slowdown in the world's second largest economy shows increasing signs of stabilization.
As the battered rupee slumped to another low of 64.54 to the dollar, analysts say the selling is getting out of hand and the currency could fall to 70 in the coming months.
The trial of disgraced Chinese politician Bo Xilai got underway in Jinan on Thursday, with a guilty verdict for charges of corruption and the abuse of power.
Activity in China's key manufacturing sector picked up steam in August, a preliminary survey of factory managers showed on Thursday, helped by a rebound in new orders.
While the violent selloff in emerging market currencies has spared few, there's one currency that has emerged from the storm unscathed: the Chinese yuan.
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Deborah Elm, Executive Director at Asian Trade Centre, describes what's next on the global trade agenda after New Delhi refused to sign off on a trade-facilitation deal.
Erwin Sanft, Head of China & HK Equity Research at Standard Chartered, says credit supply data is crucial for Chinese equity markets. He expects a pick-up in money supply going forward.
Jesper Bargmann, Head of Trading Markets, Singapore at Nordea, says the participation rate in Friday's nonfarm payrolls report will be key.